This article is from the Australian Property Journal archive
PLANS for Sydney Olympic Park’s biggest transformation since the 2000 Olympic Games, including the delivery of a new metro station precinct with nearly 500 homes, are open to consultation.
In all the Sydney Olympic Park (SOPA) Master Plan 2050 aims to accommodate 25,000 additional residents over the next 25 years.
Public submissions are welcomed until 25th November.
This new metro station precinct was approved earlier this month by the Department of Planning, Housing and Infrastructure. It will be made up of three buildings between 21 and 45 storeys, including more than 300 new homes, and a mix of commercial and retail uses.
Following approval of these buildings, Sydney Metro will seek to change the development plans to provide 190 more residential dwellings.
Delivery of the homes is supported by the NSW government’s Homebush Transport Oriented Development (TOD) proposal that is set to provide capacity for up to 16,100 additional homes, part of its broader plan to unlock more higher density housing around train stations.
“Sydney Olympic Park is well-placed to deliver more homes close to jobs, transport, and services,” Property Council deputy executive director NSW, Anita Hugo said.
“It could be a critical step toward creating a balanced community with diverse housing options, public spaces, and facilities to meet the demands of future residents.”
SOPA is presenting its plans and vision along with a question-and-answer session at Property Council’s Precincts Week, which kicked off yesterday and runs until Friday.
“This will be the first opportunity since the exhibition opened for industry to look under the hood of the Master Plan, ask probing questions and provide feedback direct to the SOPA decision-makers,” Hugo said.
